On today’s episode of The Cryptoverse…
You may already be aware of the government of Dubai aiming to become the world’s first blockchain powered government by 2020. They have just launched DubaiPay.
●▬ Links For My Courses ▬▬▬▬▬●
●▬ Support The Show ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Become a patron: https://www.patreon.com/TheCryptoverse
Sign up to our sponsors: https://www.thecryptoverse.show/#_ln3u69r10
Sign up for RoboForm:
https://www.roboform.com/?affid=c5489
Sign up for Private Internet Access: https://www.thecryptoverse.show/pia
Buy online courses: https://www.cryptoversity.com/courses/
Buy Bitcoin: https://www.coinbase.com/join/56e9586dba1a7901da0004d4
Buy a hardware wallet: https://www.ledgerwallet.com/r/d1da
●▬ Donate Crypto ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Bitcoin: 3Fo7Uri2R4MLBbZZ3Ja1ryiXnto8BfqFL1
Bitcoin Cash: qqjjyt543y0untmq6w5em6h82u60kcaqpywxm7x75w
Ethereum: 0x0de0E11E0812982652AB68F903643b0cddD4C0a8
Dash: XbrDZbmqUvUUYsPnj8eSLTLqccXe6QvGoz
DigiByte: DBGFU3KLBiLHa6ZfeorxzfeYaA76Joa36B
LiteCoin: LKLvp8owSjqbNRo3iT2fwgzCF6XBZVC4ig
NEO: AYpGCzgWsZvR6f3fvfDKKkbcCKU1KFU8kd
EOS: chrisjsconey
●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Steemit: https://steemit.com/@marketingmonk
Twitter: https://twitter.com/ChrisConeyInt
Facebook: https://www.facebook.com/Cryptoversity/
Telegram: https://t.me/TheCryptoverse
Email: http://eepurl.com/dlPc9P
Reddit: https://www.reddit.com/r/TheCryptoverse/
Minds: https://www.minds.com/marketingmonk
Gab: https://gab.ai/chrisconey
●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Link provided by YouTube viewer Jean-Paul Isambart:
https://en.wikipedia.org/wiki/Laffer_curve
source
Checkout The Bitcoin Standard audiobook and support the show at https://www.thecryptoverse.show/?r_done=1#_ln3u69r10
Great video as always Chris. Have to clarify one thing though, Dubai has one of the smallest oil reserves in the Gulf. It contributes only 5% of GDP. In fact, historically, this lack of oil and gas is exactly why the Sheikh of Dubai has systematically developed Dubai as a trade and finance hub.
Not only would it be one way, but if it were anything but an astronomical success, it would be a major black mark on the entire blockchain genre.
Hey Brother can you do a review on EXRN we are looking at whitepaper, testnet and 1 year birthday….jump in now brother less than a week this will moon. thank you
Thumbs up!
I agree with the sentiment of what you say about taxes if all companies were on the same playing field. The problem is "globalisation". Government doesn't enforce the right taxes (Amazon, Google etc), tax revenues reduce. Companies pay pittence, but as they have the power to move somewhere with lower taxes, they have government by the short and curlies. Capitalism and tax generation is not working how it is supposed to. The only solution is protectionism, but with the digital world taking over, this is not going to work appropriately
The only thing that would worry me is that computers don't have emotion. Not saying that goverments are humain atm but the blockchain is completely computer. Especially if you have a distopian country like China where people get social scores. And if you're score is low then you're like an outcast of the system. Eventually this will create the skynet.
You could easily have a Reddit style blockchain based site that would easily allow a civilization to vote on where we want to put our currency.
We really should all start expressing Bitcoin amounts in Satoshis. This would also help newbies to realize that they can buy fractions of a bitcoin. For example buying a million Satoshis for only approx. $66,-!
The biggest friction preventing our tax being spent on public services here in the US is called the military industrial complex <3
Great video as always Chris, very informative. Will certainly check out that book via your link ??
I am not too sure they know what they are doing. I see it as a desperate measure as a lot of companies are moving out of Dubai. They should allow people to use VPN first before implementing Blockchain.
https://en.wikipedia.org/wiki/Laffer_curve
Ok mr